trending Market Intelligence /marketintelligence/en/news-insights/trending/VrCeIoJ_dcTyoVTT1bTVnA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Capitol Health to acquire medical imaging provider Fowler Simmons Radiology

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Capitol Health to acquire medical imaging provider Fowler Simmons Radiology

Capitol Health Ltd. entered into a binding agreement to acquire a 90% stake in Adelaide, South Australia-based Fowler Simmons Radiology.

Fowler Simmons Radiology is a musculoskeletal imaging provider. The acquisition, which is expected to complete by the fourth quarter, will allow Melbourne-based Capitol Health to expand in Adelaide.

Capitol Health said the transaction will be funded via existing cash reserves, bank debt and an A$1.6 million scrip.

Under the agreement, Fowler Simmons Radiology's cofounder Shaun Fowler will retain 10% ownership of the company and continue as its clinical director for at least five years.

Fowler Simmons Radiology will be eligible to receive an earnout payment in the fiscal year 2021. Capitol Health also has an option to acquire the remaining 10% of the company in three years.

Capitol Health provides diagnostic imaging and related services to the healthcare market in Australia.